Masters Prop Bets 2024

Last Updated: Apr 10, 2024

The 2024 Masters Tournament is here, and there’s no tradition quite like betting on props for golf’s first major.

As always, there are plenty of talented golfers to back in several different ways, so let’s try to make some sense of everything happening this week at Augusta National Golf Club.

Below, you’ll find my favorite 2024 Masters prop bets.

Best Masters Prop Bets 2024

Xander Schauffele: Top-10 Finish (+160) • DraftKings Sportsbook

Schauffele is one of my best bets to win The Masters, but admittedly, he doesn’t have the track record of a serial winner like Brooks Koepka or Jordan Spieth.

With that in mind, targeting his finishing props is a wise supplementary investment, especially at plus-money odds.

The 30-year-old has just seven PGA Tour victories, the last coming in 2022, but Schauffele is often in the mix.

He has six top-10 finishes in eight starts this season, rounding out the Florida swing with a T-2 at THE PLAYERS and a T-5 at the Valspar Championship.

The San Diego native’s well-rounded game is perfectly suited to Augusta National, where he has finished inside the top 10 in three of his last five trips.

His history around this place and impeccable recent form make it likely he will extend that record with another good result this weekend.

Scottie Scheffler: First Round Leader (+1200) • DraftKings Sportsbook

Most weeks on the PGA Tour, longshot first-round leader picks have a decent chance of hitting. At Augusta National, that’s less likely to be the case.

Masters champions frequently establish themselves on Thursday, with the last 18 tournament winners ending the first round T-11 or better, per Justin Ray.

The first-round leader also tends to stay in the mix, as we saw last year with the trio of Jon Rahm (winner), Brooks Koepka (T-2), and Viktor Hovland (T-7).

With that in mind, I think this might be the best way to access Scottie Scheffler, unquestionably the best player in the world at the moment.

The 2022 champion’s odds to win a second Green Jacket (+400) are egregious, but he’s likely to be in the mix and is a strong candidate to start quickly.

Scheffler ranks third on the PGA Tour in Round 1 scoring average (67.5) this season and led the category (67.91) during the 2022-23 campaign. He also has a tour-high 24 rounds in the 60s this season, so he’s more than capable of going low, regardless of whether his streaky putter cooperates.

I still don’t particularly love these odds, but they’re better than 4-1.

Wyndham Clark: Top Debutant (+330) • DraftKings Sportsbook

Sweden’s Ludvig Aberg (+275) is the favorite for this prop, which features 20 golfers making their first trip to Augusta National.

I’m backing second-favorite Wyndham Clark, who has arguably been the second-best player on the PGA Tour in recent weeks.

Clark finished runner-up to Scheffler at the Arnold Palmer Invitational and THE PLAYERS in March and won the weather-shortened event at Pebble Beach in February.

The 2023 U.S. Open champion has proven he can compete with the world’s best and has the ball-striking and putting to make a run in his first trip down Magnolia Lane.

Hole-in-one on Hole 16: Yes (-165) • DraftKings Sportsbook

Do you really want to watch The Masters and cheer against a hole-in-one?

I didn’t think so.

Instead of taking the full tournament hole-in-one prop (-245), I’ll improve the betting odds by picking the hole it’ll come on.

The 16th has surrendered 24 of the 34 aces in Masters history, and its Sunday hole location is traditionally cut at the bottom of the downslope, giving players the chance to roll one in close.

There have been 13 aces at the 16th since 2010, and I expect we’ll see another this weekend.

Make the Cut Parlay: Tiger Woods, Will Zalatoris, Brooks Koepka, Jon Rahm (+275) • DraftKings Sportsbook

Let’s have some fun with a make-the-cut parlay.

Tiger Woods has never missed the cut at The Masters and is going for a record 24th consecutive made cut. His injury concerns are legitimate, but his competitive nature tends to overcome any physical limitations.

Will Zalatoris has two top-six finishes in his two previous trips to Augusta. He has made the cut in five of seven events this season and is built to play golf on difficult tracks.

Jon Rahm has never missed the cut at The Masters in seven previous visits. The defending champion also hasn’t missed a cut at a major since 2019.

Brooks Koepka missed the cut at Augusta in 2021 and 2022 before finishing runner-up last year, but he was dealing with injuries and wasn’t the same player.

As long as Tiger gets to the weekend, this parlay should hit.

Golf is fun to watch at any time of the year, but it’s at its best in a big tournament like The Masters. This event is the pinnacle of the season, as every golfer dreams of putting on that classic green jacket.

It can be difficult to select an outright winner of a tournament, so it’s a good idea to target the props market. There are several options available, adding even more entertainment value to an exciting competition.

This article will serve as a guideline to support your journey towards a successful golf betting venture at The Masters.

How Masters Prop Betting Works

Prop bets are player-based outcomes, which aligns nicely with The Masters because there are several choices in golf. You can bet on the Over or Under on a player’s score, choose a leader after each round, select the winner’s nationality, and much more.

If you’re feeling lucky, you can shoot for the moon by wagering on a hole-in-one. Choosing the outright winner is another option, but a safer choice could be opting for a broader final rank, such as a top-10 or top-20 finish.

Since The Masters is the holy grail of golf tournaments, you can expect the props market to be even more robust than usual. Betting sites will try to capitalize on this marquee event with a more expansive selection, so be sure to take advantage.

Best Masters Prop Betting Sites

DraftKings Sportsbook

DraftKings got its claim to fame from daily fantasy sports, but it has evolved into one of the premier sportsbooks in the country.

The site offers a lucrative welcome bonus with a comprehensive selection of props. The odds are great and you’ll often find some useful promos, such as odds boosts.

There are several golf props to choose from at DraftKings. You can choose the outright winner, back a player in a head-to-head matchup, choose a golfer to have a bogey-free round, and much more.

FanDuel Sportsbook

FanDuel started off as a leader in daily fantasy sports before becoming the most popular sportsbook in the United States.

The site invented the Same Game Parlay, which has spread like wildfire throughout the industry because it allows bettors to combine several outcomes from the same event for high payouts.

There is even an extension at FanDuel called Same Game Parlay+, where you can combine wagers from more than one golf tournament. The site has some cool novelty props, including the top finisher from each country, helping to set it apart from the competition.

Caesars Sportsbook

Caesars Sportsbook became a giant in the iGaming industry following the purchase of reputable betting site William Hill in 2021.

It features some of the best welcome bonuses in the industry, along with a terrific VIP rewards program that can be redeemed for fine dining and hotel accommodations.

Players have everything they’ll need to enjoy The Masters at Caesars, including odds boosts that give you more value on specific golfers.

BetMGM Sportsbook

BetMGM has emerged as a leader in the iGaming industry, often being one of the first operators to set up shop in new markets.

Its partnership with the PGA Tour makes it a great choice for The Masters props, as there is a comprehensive selection within this betting market. You’ll find odds boosts on players to make the cut as well as head-to-head choices.

The app is user-friendly, featuring a detailed live-betting platform that allows live-streaming on selected events. This is great because you can sweat your wager as you watch the competition.

bet365 Sportsbook

Bet365 is a veteran in the sports betting industry, priding itself as the world’s largest operator. The betting markets are robust, and you can expect no different with The Masters.

It has a user-friendly interface with a terrific live-betting experience that allows you to parlay in-game wagers. There are even live bets on player props, which is not often offered by other sites.

The sportsbook features everything you’d want for The Masters props, such as outright winner and final finishes, along with head-to-head matchups.

How To Pick the Best Masters Prop Betting Sites

It’s important to think about what makes a good site for Masters prop betting. You’ll find a few of the most crucial factors listed below.

  • Odds: You want to make sure that you get the best bang for your buck. This means that you need to find value with the odds. If one site has Rory McIlroy to win The Masters at +1000 but another has him at +1200, the latter is the better choice.
  • Markets: It’s important that your betting site features a robust selection of The Masters props markets. You don’t want to be limited to only one basic prop, like an outright winner, so you’ll need to make sure that there are multiple options, including novelty props like the nationality of the tournament winner.
  • Boosts: Odds boosts are great because they provide more value for your bet. For example, Scottie Scheffler might be boosted from +400 to +650 to win The Masters. If you were to bet $100 on that and Scheffler won, that’s a $250 difference in winnings. It’s also vital that your sportsbook has a diverse selection of boosts, such as making the cut props and more.
  • Welcome Bonus: Every sportsbook has some sort of welcome offer to entice new users, but some are better than others. You want to prioritize first-deposit bonuses because you receive bet credits simply for funding your account. The maximum limit is important as well, but be mindful of any playthrough requirements. The fewer cumulative wagers you need to withdraw or use the bet credits, the better.

Masters Prop Betting Promotions

The Masters is the biggest event in golf, so you can expect several useful promos catering to this tournament across multiple betting sites. We’ve already seen a terrific offer from Caesars, which will boost the profit on a host of Masters prop bets by 25%.

There’s a good chance that more sportsbooks will provide similar offers as we get closer to the tournament. There will definitely be a ton of odds boosts on various props, giving you more value on your wagers.

Be sure to check the latest sportsbook promotions to stay up to date on any new offers. Capitalizing on these bonuses is a great way to build your bankroll.

Best Types of Masters Prop Bets

The best way to bet on The Masters is by starting with your outright winner and placing a small wager there. Next, you want to bet a bit more on that player to finish in the top 10. This is a safer selection that acts as insurance for your outright winner bet. You could opt to add in a head-to-head matchup with your golfer against another one.

The key here with this selection of bet types is balancing your risk. It’s difficult to choose the winner of a tournament, so you need to add safer bets. This way, if your longshot loses but your safer picks win, you’ll still be profitable for the tournament.

While betting on low-probability outcomes like a hole-in-one can be fun, I would save this bet type for a fractional percentage of your total bankroll. You don’t want to chip away at your winnings with too many of these longshots, as that makes it difficult to be profitable.

Masters Prop Betting Strategy

Being successful at betting Masters props requires a sound process. Let’s dive in to explore what you should look for when attacking this betting market.

First, you want to take a look at the course at The Masters, Augusta National. Research to find out how the course plays. Are certain holes more difficult than others? How is each hole? Are there more Par 3s, 4s, or 5s? These are some of the questions that you need to consider.

You’ll also want to take a look at recent winners at this tournament. Is there a pattern here that indicates that the course caters to a specific skill set? Do certain golfers perform well at this tournament in comparison with other courses? This is another tip to guide you in your selection.

It’s important to check in on the weather forecast for the tournament. If it’s expected to rain, there’s a risk that this could have an impact on the final result. Be mindful of this factor when deciding on your preferred golfer.

Next, you should examine a golfer’s recent performance. If they’ve been successful in their last few tournaments, you may consider riding the hot streak and hoping that they keep it rolling at The Masters.

After you’ve considered each of these factors, you should take a look at the odds for each golfer. If you think that some players are undervalued in comparison to how they’ve played at Augusta or in recent competitions, that might be a golfer to choose.

Once you pick your golfer, I would bet on them to win the tournament and then escalate my wagers for top-10 and top-20 finishes. I’d also wager on my golfer in a head-to-head matchup.

I usually steer clear of super longshots like hole-in-one props, but if that interests you, I would suggest only using a small bet on this prop.

Benefits of Masters Prop Betting Online

Betting on Masters props is best online. For one, it’s much more convenient, as you can place your wager from your desktop, laptop, or mobile device. This works especially well with live bets, since you can make your pick as you’re watching the game and getting a sense of how each golfer is performing.

By betting online, you’ll have access to several welcome bonuses and promotions that put you in a better position to succeed in The Masters prop betting. It’s also much easier to compare odds when you’re betting online, as choosing another sportsbook is a click away.

Imagine driving across cities just to place bets at different sportsbooks – that would be crazy. Take advantage of shopping around by betting online.

How to Place a The Masters Prop Bet Online

Placing a prop bet online is an easy process. You’ll find the steps listed below.

  • Sign up for a new account by clicking one of our links or promo codes at The Game Day
  • Take advantage of the welcome bonus
  • Select ‘Golf’ or ‘PGA Tour’ or ‘The Masters’ in the menu
  • Choose props and pick your preferred amount and bet type
  • Click ‘Bet’

Where Can I Legally Bet on The Masters Online?

  • Arizona
  • Colorado
  • Connecticut
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • New Hampshire
  • New Jersey
  • New York
  • Nevada
  • Ohio
  • Oregon
  • Pennsylvania
  • Rhode Island
  • Tennessee
  • Virginia
  • Washington D.C.
  • West Virginia
  • Wyoming

Choose More Than One Masters Prop Betting Site

Make sure to choose more than one betting site for The Masters props. This allows you to take advantage of multiple welcome bonuses, stacking your bankroll with bet credits.

Try your best to max out these offers, as they can only be used once.

You can also shop around for the best odds when you have accounts on multiple sportsbooks. This helps you find the best value on a specific prop.

Some betting sites may have a prop that isn’t available on another platform, so you’ll want to take advantage of this as well.

Don’t cap your upside by sticking to only one site. Branch out to several and this will make it more likely that your sports betting venture will be successful.


John Arlia

Before joining The Game Day, John served as the National Writer for the United Soccer League, where he primarily covered the USL Championship out of the league’s headquarters in Tampa, FL. A devout soccer fan, John attended the men’s World Cups in Brazil and Russia and can’t wait for the 2026 edition to come to North America. Having also written for Sporting News Canada since getting his master’s from the Walter Cronkite School of Journalism at ASU, John has acquired a diverse sporting background, but considers football, golf, and soccer his three strong suits.

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